When it comes to disruption, the COVID pandemic offered a masterclass for startup founders. It was the best and the worst of times, with the acceleration towards a digital economy backed by the tailwinds of what appeared to be unlimited capital… Then suddenly, central banks wrought their own brand of disruption on venture capital with… Read more »
Venture capitalist Grant Chamberlain, a partner in Sydney VC OneVentures, has died after falling from a cliff in North Bondi. He was 50. Chamberlain joined OneVentures four years ago following two decades in merchant banking that included managing director roles at Bank of America Merrill Lynch, Deutsche Bank and Nomura. He was running the M&A… Read more »
Venture capital investor OneVentures is sharpening its focus on ESG (environmental, social, governance) principles in the startups it invests in to drive change in the sector. Managing director Dr Michelle Deaker, said it’s time for Australian VC firms to align their investment strategies to responsible investment practices and recognise that where they put their moment… Read more »
Airbnb property management startup Hometime just scored $6 million from a new VC fund that offers debt
William Crock, co-founder of Hometime. Sydney-based Airbnb property management services company Hometime has landed a $6 million debt and equity funding deal with Australian technology venture capital firm OneVentures It’s the first deal from the new $100 million OneVentures Fund, launched less than 12 months ago. The fund is a partnership between OneVentures and Viola,… Read more »
Sydney human resources startup Employment Hero has raised $8 million in a Series B round co-led by Seek and OneVentures, with participation from existing backers AirTree Ventures and AMP.
Telco startup OVO Mobile acquires Incoming Media to build out video offering, Telstra partners with Cab Digital Media
A few months on from raising $5 million from Southern Cross Austereo to build out its mobile sports broadcasting platform, telco startup OVO Mobile has acquired Incoming Media.
Smart Sparrow has announced the closing of a AU$5.3 million Series C round to expand its technology to cater for increase in online courses in the US.